a16z Leads Seed Round For Santa Monica Film Distribution Startup Filmhub

Molly Wright

Molly Wright is an intern for dot.LA. She previously edited the London School of Economics' student newspaper in the United Kingdom, interned for The Hollywood Reporter and was the blogging editor for UCLA's Daily Bruin.

a16z Leads Seed Round For Santa Monica Film Distribution Startup Filmhub
Image from Shutterstock

Filmhub—a Santa Monica-based company cutting out Hollywood’s middle-man to allow filmmakers to distribute their content straight to streaming services—has raised $6.8 million in seed funding led by Silicon Valley venture giant Andreesen Horowitz.

The round included participation from investors including 8VC, FundersClub, Eleven Prime, Rupa Health CEO Viswanathan, Candid CEO Nick Greenfield and Codecov CEO Jerrod Engelberg, TechCrunch reported.

Filmhub provides filmmakers with a way to distribute their work directly to big-name streaming services like Amazon Prime Video and Apple TV without relinquishing their rights. The startup was co-founded in 2016 by Klaus Badelt, a composer and producer who has written scores for films such as “Gladiator,” “The Thin Red Line” and “Pirates of the Caribbean: The Curse of the Black Pearl.” Filmhub co-founder and CEO Alan d’Escragnolle told Deadline Hollywood that Filmhub’s goal is to empower filmmakers through “ownership and monetization opportunities”.

Should Filmhub continue to grow in reach and viability, it could mark a major shift away from the traditional studio model, where filmmakers are often forced to surrender the rights to their work. Filmhub aims to solve this by offering filmmakers a no-frills, 80/20 revenue split with no upfront payment. The startup’s model also speaks to the growing power of streaming services, with viewers increasingly ditching their cable boxes in favor of the 200-plus streaming platforms available in the U.S. as of last year.

Filmhub is also finding synergies with like-minded startups in its hometown. It recently partnered with Struum, a Los Angeles-based platform that has been dubbed “ClassPass for streaming” and compiles content created by smaller video streaming services under its own subscription.


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Greater Good Health Raises $10M To Fix America’s Doctor Shortage

Keerthi Vedantam

Keerthi Vedantam is a bioscience reporter at dot.LA. She cut her teeth covering everything from cloud computing to 5G in San Francisco and Seattle. Before she covered tech, Keerthi reported on tribal lands and congressional policy in Washington, D.C. Connect with her on Twitter, Clubhouse (@keerthivedantam) or Signal at 408-470-0776.

Greater Good Health Raises $10M To Fix America’s Doctor Shortage
Courtesy of Greater Good Health

The pandemic highlighted what’s been a growing trend for years: Medical students are prioritizing high-paying specialty fields over primary care, leading to a shortage of primary care doctors who take care of a patient’s day-to-day health concerns. These physicians are a cornerstone of preventative health care, which when addressed can lower health care costs for patients, insurers and the government. But there’s a massive shortage of doctors all over the country, and the pipeline for primary care physicians is even weaker.

One local startup is offering a possible answer to this supply squeeze: nurse practitioners.

On Wednesday, Manhattan Beach-based Greater Good Health unveiled $10 million in new funding led by LRVHealth, adding to $3 million in seed funding raised by the startup last year. The company employs nurse practitioners and pairs them with doctor’s offices and medical clinics; this allows nurse practitioners to take on patients who would otherwise have to wait weeks, or even months, to see a doctor.

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Plus Capital Partner Amanda Groves on Celebrity Equity Investments

Minnie Ingersoll
Minnie Ingersoll is a partner at TenOneTen and host of the LA Venture podcast. Prior to TenOneTen, Minnie was the COO and co-founder of $100M+ Shift.com, an online marketplace for used cars. Minnie started her career as an early product manager at Google. Minnie studied Computer Science at Stanford and has an MBA from HBS. She recently moved back to L.A. after 20+ years in the Bay Area and is excited to be a part of the growing tech ecosystem of Southern California. In her space time, Minnie surfs baby waves and raises baby people.
PLUS Capital​’s Amanda Groves.
Courtesy of Amanda Groves.

On this episode of the L.A. Venture podcast, Amanda Groves talks about how PLUS Capital advises celebrity investors and why more high-profile individuals are choosing to invest instead of endorse.

As a partner at PLUS, Groves works with over 70 artists and athletes, helping to guide their investment strategies. PLUS advises their talent roster to combine their financial capital with their social capital and focus on five investment areas: the future of work, future of education, health and wellness, the conscious consumer and sustainability.

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